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Greg Monroe signs qualifying offer; to become free agent next offseason

Discussion in 'NBA Dish' started by J.R., Aug 12, 2014.

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  1. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet" lang="en"><p>Greg Monroe will sign the Pistons' offer and be an unrestricted free agent next offseason, <a href="https://twitter.com/JeffZillgitt">@JeffZillgitt</a> reports: <a href="http://t.co/4hvaKOYrNO">http://t.co/4hvaKOYrNO</a></p>&mdash; USA TODAY Sports NBA (@usatodaynba) <a href="https://twitter.com/usatodaynba/statuses/499325346630885376">August 12, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

    [rQUOTEr]Greg Monroe will accept the Detroit Pistons' qualifying offer for next season and become an unrestricted free agent next summer, two people familiar with Monroe's plan told USA TODAY Sports.

    The people requested anonymity because they were not authorized to speak publicly about Monroe's decision.

    Monroe, 24, was a restricted free agent this summer but decided not to sign an offer sheet with another team or sign a multiyear extension with the Pistons.

    He instead will be one of the most highly sought-after free agents next offseason.

    Monroe's qualifying offer is for $5.479 million in 2014-15 and cannot be traded without his consent once he signs. He's expected to sign it before the Oct. 1 deadline.

    The No. 7 pick in the 2010 NBA Draft, Monroe took an uncommon route, forsaking money and a long-term deal now for a money and long-term deal a year from now.

    Monroe averaged 15.2 points and 9.3 rebounds a game last season but didn't mesh with newcomer Josh Smith. The Pistons went 29-53.[/rQUOTEr]
     
    #1 J.R., Aug 12, 2014
  2. J Sizzle

    J Sizzle Member

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    He either needs to really have an outstanding season or accept that the market for power forwards who can't defend and don't stretch the floor isn't that good at this point. If a max contract is what he's hoping for, I think he'll be disappointed.
     
    #2 J Sizzle, Aug 12, 2014
  3. Clutch

    Clutch Administrator
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    I'm sure he will consent to being traded in most situations, and I would think Detroit would look to do that since this looks (to me) to be an indication that he wants to walk away next summer.
     
    #3 Clutch, Aug 12, 2014
  4. finsraider

    finsraider Member

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    Trade value for Monroe just went in the toilet. Teams looking to trade for him will have to take the risk that he walks next summer.

    I wonder if this impacts Bledsoe.
     
    #4 finsraider, Aug 12, 2014
  5. NotChandlerParsons

    NotChandlerParsons Member

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    It's pretty wild. I wonder what his trade value would be like.
     
    #5 NotChandlerParsons, Aug 12, 2014
  6. King901

    King901 Member

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    unless they can work something out now as a S&T before october 1st
     
    #6 King901, Aug 12, 2014
  7. RudyTBag

    RudyTBag Contributing Member
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    Papa for Greg Monroe in the works.


    Salaries are perfect...


    ;)
     
    #7 RudyTBag, Aug 12, 2014
  8. basketballholic

    basketballholic Member

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    It doesn't appear he's signed the QO yet. He's just saying he's going to.
     
    #8 basketballholic, Aug 12, 2014
  9. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet" lang="en"><p>Greg Monroe has informed Pistons he will sign qualifying offer and Eric Bledsoe is considering doing same with Suns: <a href="http://t.co/b5HMmUUlSq">http://t.co/b5HMmUUlSq</a></p>&mdash; Jeff Zillgitt (@JeffZillgitt) <a href="https://twitter.com/JeffZillgitt/statuses/499336966115438593">August 12, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

    [rQUOTEr]Restricted free agent Eric Bledsoe recently said the Phoenix Suns are using the system against him.

    Greg Monroe, also a restricted free agent, has made clear that he wants to use the system to his advantage.

    That's precisely what Detroit Pistons forward-center Monroe plans to do. Monroe has informed the Pistons he plans to sign the qualifying offer ($5.479 million)for one season, spend 2014-15 in Detroit and become an unrestricted free agent next summer.

    Once Monroe signs the qualifying offer, he cannot be traded without his consent.

    Monroe, 24, decided to take control of his free agency rather than let free agency control him. In a sense, Monroe is purchasing free agency for the price of the qualifying offer. He didn't want to sign an offer sheet and give the Pistons a chance to match and he has declined to sign any offer from the Pistons.

    Now, don't rule out a sign a trade between now and the start of the season, but that seems unlikely as the Pistons have exhausted trade scenarios. He plans to sign the qualifying offer before the Oct. 1 deadline.

    Monroe didn't make the decision lightly. He has been discussing options with his agent David Falk for the past two offseasons, and Falk has been impressed with Monroe's analytic, intelligent and unemotional approach to free agency.

    It is a rare move for a restricted free agent to forsake financial security and a long-term deal now for the hope of something similar one year later. Signing the qualifying offer to become an unrestricted free agent doesn't happen often, but it does happen and there are risks involved — injury or a down season — that could impact the value of the next contract.

    It requires foresight, confidence and boldness to sign the qualifying offer, and while it gives a player a chance to explore unrestricted free agency earlier than usual, most players don't want to take that risk.

    Monroe is willing, believing the money will be there for him. Monroe will be one of the best big men available next summer and is expected to receive several offers. He received two max offers this offseason, but a sign-and-trade deal could not be reached, a person familiar with situation said.

    Monroe is a versatile big man who can play in the high post or low post and is an able passer. He averaged 15.2 points and 9.3 rebounds for Detroit last season and has averaged 14 points, nine rebounds, 2.3 assists, and 1.2 steals in his four seasons in Detroit. He has had 72 double-doubles in the past two seasons.

    It's not unprecedented for a Falk client to turn down or resist offers one year for the chance at something better the next. Alonzo Mourning, Jeff Green and Roy Hibbert turned down offers with the idea of having more or better options at another time.

    For as long as he has been a successful agent, Falk has had a keen sixth sense of where the market is headed. He has watched the salary cap year by year, noting its growth, or sometimes lack thereof. The cap remained around $58 million from 2008-09 through 2013-14.

    But it jumped to $63.065 million for 2014-15 and it's expected to rise, especially when a new TV deal kicks in after the 2015-16 season. Falk often operates under the idea that if the money will be the same next season why not wait and have unimpeded choice.

    Monroe is in control of his destination next summer. While money always plays some role, Monroe will consider other factors, too: Does he want to play in a certain city? With a specific player or coach? For a franchise he admires? For a team ready to win now?[/rQUOTEr]
     
    #9 J.R., Aug 12, 2014
  10. Haymitch

    Haymitch Custom Title
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    Will be interesting if Bledsoe does the same.
     
    #10 Haymitch, Aug 12, 2014
  11. shastarocket

    shastarocket Contributing Member

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    Good for all parties involved. I wonder what the offer from DET/PHX was.
     
    #11 shastarocket, Aug 12, 2014
  12. hooroo

    hooroo Member

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    If it comes to that then I'd guess the Suns are going all in on Dragic as their PG for the next 6 yrs.
     
    #12 hooroo, Aug 12, 2014
  13. xiki

    xiki Contributing Member

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    When he signs the QO; until then it's a threat to coerce SVG to react.
     
    #13 xiki, Aug 12, 2014
  14. NotChandlerParsons

    NotChandlerParsons Member

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    I swear I read something like 13.7m for 4 years just yesterday but I can't find it now.
     
    #14 NotChandlerParsons, Aug 12, 2014
  15. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet" lang="en"><p>It appears the <a href="https://twitter.com/hashtag/Pistons?src=hash">#Pistons</a> are holding out hope that Monroe won't take the Q/O until he actually signs it...11th hour hope</p>&mdash; Vincent Goodwill (@vgoodwill) <a href="https://twitter.com/vgoodwill/statuses/499348065867010048">August 13, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
    #15 J.R., Aug 12, 2014
  16. Carl Herrera

    Carl Herrera Contributing Member

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    .Why does he sign the QO right now as oppose to waiting a while more? It would seem that he has more time to make his decision under the rules. Not like the QO option is going to disappear any time soon.

    I am thinking that this "he will take the QO" declaration is a negotiating tactic on the part of Monroe and his agents-- unless, that is, the Monroe camp has actually exhaustively searched out all options and know for 100% sure that there is NO satisfactory alternatives out there.
     
    #16 Carl Herrera, Aug 12, 2014
  17. shastarocket

    shastarocket Contributing Member

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    If that was the offer, he's a fool for not taking it
     
    #17 shastarocket, Aug 12, 2014
  18. xiki

    xiki Contributing Member

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    This 'threat' is designed to soften demands on SnT take-backs. That's 'all'.
     
    #18 xiki, Aug 12, 2014
  19. txn

    txn Member

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    Question: If Piston and him don't reach to an agreement and no team offers the deal to him by the season starts, does he become unrestricted? Or Piston will have the right to match in any situation?
     
    #19 txn, Aug 12, 2014
  20. shastarocket

    shastarocket Contributing Member

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    If they don't reach an agreement, Monroe would have to accept the qualifying offer (as is described in the OP). This would mean that he will be unrestricted once this upcoming season ends. The same situation could apply for Eric Bledsoe
     
    #20 shastarocket, Aug 12, 2014
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